MSME lending outpaced retail and services sectors in FY25, growing by 14.1% amid overall deceleration in bank credit. The surge was supported by improved asset quality, with a decline in subprime borrowers and gross NPA ratio. Government credit guarantee schemes like CGFMU and ECLGS facilitated credit flow to vulnerable enterprises, though with higher NPA ratios.
US stocks: US market drops as Trump’s rejection of Iran peace plan lifts oil prices
Following President Trump’s dismissal of Iran’s peace proposal, US market indexes experienced a downward trend, spurred by a notable surge in crude prices. This escalation